General Announcement::The exchange offer in relation to the $70.3m Notes due 2023

Issuer & Securities

Issuer/ Manager
HEETON HOLDINGS LIMITED
Securities
HEETONHLDGS S$70.3M6.8%N231113 - SGXF19284094 - 9HWB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
30-Mar-2023 07:40:48
Status
New
Announcement Sub Title
The exchange offer in relation to the $70.3m Notes due 2023
Announcement Reference
SG230330OTHR1RZA
Submitted By (Co./ Ind. Name)
Hoh Chin Yiep
Designation
Executive Director & CEO
Description (Please provide a detailed description of the event in the box below)
Invitation by Heeton Holdings Limited ("Heeton") to the holders of its S$70,300,000 6.80 Per Cent. Fixed Rate Notes Due 2023 comprised in Series 005 (ISIN: SGXF19284094) (the "Existing Notes") to make an offer to exchange ("Offers to Exchange" and each an "Offer to Exchange" shall be construed accordingly) to Heeton, any and all outstanding Existing Notes held by the Noteholders (together with an amount in cash of S$20,000 for each S$180,000 in principal amount of Existing Notes offered for exchange (the "Cash Top-Up Amount")) for, in respect of each S$180,000 in principal amount of Existing Notes, S$200,000 in principal amount of Singapore dollar-denominated Fixed Rate Notes due 2026 (the "New Notes ) to be issued by Heeton pursuant to the Programme, subject to the terms and conditions in the Exchange Offer Memorandum referred to below (the "Invitation"). Please see attached.

Attachments

Heeton Exchange Offer.pdf
Total size =105K